PRIVATE ACTS. 1311
house receipts, stocks, bonds, mortgages on real, leaseholds or
chattel property, and any and every evidence of debt; to ad-
vance or lend money upon the security thereof by receiving and
holding the same on such terms as may be agreed upon or es-
tablished by said company, or of accepting mortgages or other
liens thereon, or otherwise and generally to deal in every and
all descriptions of property or properties, personal effects, se-
curities, mortgages, land, certificates of indebtedness, stock of
incorporated companies, loans on bonds of the United States
or of any State, city, county or municipality, or of any incor-
porated company, copartnership, joint stock company or indi-
vidual upon such terms as may be agreed upon or established
by said corporation.
SEC. 4. And be it enacted, That said body corporate shall
have the right to receive money on deposit, evidence of debt for
collection, for discount or otherwise, chattels, stocks, bonds
and all proper writings, on storage or as collateral security
upon such terms as may be agreed upon or established by said
corporation, and shall have the right to guarantee, endorse
and secure the payment, punctual performance and collection
of notes, debts, due bills, bills of exchange, contracts, bonds,
accounts, claims, rents, annuities, mortgages and interest there-
on, choses in action, evidences of debt, checks, titles to property,
indebtedness of individuals or copartnerships, firms, corpora-
tions or joint stock companies, loans of States, cities, counties
and municipalities, upon such terms as may be agreed upon and
established by said corporation.
SEC. 5. And be it enacted, That said body corporate shall
have the right to receive money on deposit, evidence of debt for
collection, for discount or otherwise, chattels, stocks, bonds
and all proper writings on storage or as collateral security
upon such terms as may be agreed upon or established by said
corporation, and shall have the right to guarantee, endorse and
secure the payment, punctual performance and collection of
notes, debts, due bills, bills of exchange, contracts, bonds,
accounts, claims, rents, annuities, mortgages and interest
thereon, choses in action, evidences of debt, checks, titles to
property, indebtedness of individuals or copartnerships, firms,
corporations or joint stock companies, loans on States, cities,
counties and municipalities upon such terms as may be agreed
npon and established by said corporation.
SEC. 6. And be it enacted. That the said corporation is au-
thorized to take, have, hold and enjoy all such estates, real, per-
sonal and mixed, as may be obtained by the investment of its
capital stock or assets, or that may come into its possession
|
|